All articles by Verdict Staff
Verdict Staff
INDOS Financial provides AIFMD depositary-lite solution for US managers
INDOS Financial Limited has announced it plans to offer services to US and other non-EU hedge fund managers seeking a depositary-lite solution to market their funds to certain European countries following the introduction of the Alternative Investment Fund Managers Directive (AIFMD).
European Wealth expands retail funds range
European Wealth Management Group has expanded its retail funds range by launching a new bond fund for manager Nigel Marsh.
Credit Suisse publishes fourth annual Emerging Markets Consumer Survey
The Credit Suisse Research Institute has published its fourth annual Emerging Consumer Survey – a detailed study profiling consumer sentiment and its drivers across the emerging world against the current backdrop of investor scrutiny of emerging markets, this study provides a timely insight regarding the sentiments and consumption patterns amongst emerging consumers and their role in driving global growth.
RBC Wealth Management poaches six advisers from Morgan Stanley-report
RBC Wealth Management, a unit of RBC Capital Markets, has expanded its team in Austin by poaching six financial advisers from Morgan Stanley, according to a report from Reuters.
McGee creates program for employees supporting volunteer and community service
McGee Wealth Management, a Portland Financial Services company announces a new program started in January 2014.
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Brevan Howard to close US$2 billion emerging market fund
Brevan Howard Asset Management is planning to close down its US$2 billion emerging market fund following a poor performance as investors began to focus exposure on developing markets.
TrimTabs, BarclayHedge report hedge funds redeem US$10.4 billion in December
BarclayHedge and TrimTabs Investment Research have reported that hedge funds had their biggest outflow of 2013 in December, redeeming US$10.4 billion (0.5% of assets).
Exelsuper acquires Oxford Financial Services
Exelsuper, an Australian self managed superannuation firm, has purchased 100% stake in US-based Oxford Financial Services to expand its financial planning business.
Canada Life partners with Distribution Technology for wealth platform launch
Canada Life has entered into partnership with UK-based Distribution Technology (DT) to launch new wealth platform.
Psigma poaches Rathbones executive to launch Scottish proposition
Psigma Investment Management has hired Rathbones investment director Tim Wishart to launch an office in Edinburgh, Scotland.